PIB TIP: CLAIM TUITION TAX CREDITS. If you’re payi

PIB TIP: CLAIM TUITION TAX CREDITS. If you’re paying tuition for yourself or your children to a qualified college, take the tuition tax credit, a dollar-to-dollar savings, off your tax bill. The tuition generally has to be to a school that offers a federal student loan program, which eliminates some driver or diesel training programs. Paying the full tuition by Dec. 31 allows you to credit the entire amount on your taxes before final exams. The Partners in Business program is produced by Overdrive and the consultants at ATBS, the nation’s largest owner-operator business services firm, and is sponsored by Freightliner Trucks.

The Business Manual for Owner-Operators
Overdrive editors and ATBS present the industry’s best manual for prospective and committed owner-operators. You’ll find exceptional depth on many issues in the 2021 edition of Partners in Business.
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Partners in Business Issue Cover